Minister: Direct investment by State in banking sector 'last resort'

The Minister for Finance Brian Lenihan has said that direct investment by the State in the banking sector is “a last resort.”

Minister: Direct investment by State in banking sector 'last resort'

The Minister for Finance Brian Lenihan has said that direct investment by the State in the banking sector is “a last resort.”

Speaking on RTE radio the Minister for Finance Brian Lenihan said that while the Government had not ruled out public investments in the banks, the Government has told the banks they must seek private investment.

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